Jeep Property (first section from web-site)

- Jeep Mine: past high-grade gold producer; "During its two years of operation ending in 1950, it (Jeep Mine) shipped 14,477 tons of ore averaging 0.825 oz per ton to the San Antonio mill…" J. Stephenson, 1972; but it's depth potential is untested (WEL Target 1)
- There is a magnetic anomaly (prominent “bull’s-eye”) with coincident chalcopyrite-pyrrhotite mineralization SE of Jeep deposit, not drill tested at depth (~400ft); could be a possible Ni-Cu target? (Target 2)
- Anomalous gold 1) along south contact, and 2) east end of Jeep gabbro
- Fault zone with shaft, pits / trenches - north of Jeep mine, not explored or drill tested
- Underexplored volcanic sequence adjacent Wanipigow fault hosts Presto molybdenum (gold?)and copper showings and a recent discovery of intense iron carbonate alteration & quartz veining (Target 3)
- PGE: potential of Jeep gabbro has never been evaluated.

2006 - The summer 2006 teams concentrated their exploration efforts on the Jeep and the Poundmaker properties, two of the four large claim groups in the Rice Lake greenstone belt 100% controlled by the Company. Sampling and mapping was conducted on both claim groups, assisted by hydraulic and mechanical stripping of overburden..... Confirmation of the 2005 discovery of anomalous nickel and palladium concentrations associated with gold has been achieved. These additional high value commodities add a new dimension to the potential of the area surrounding the historic Jeep Mine, the richest grade past producing gold mine in the Rice Lake greenstone belt (.77 oz/t).
In August of 2006, and directly as a result of the 2005 discovery of nickel, copper, Platinum Group Elements (Ni-Cu-PGE) surface mineralization on the Jeep claim group, the Company succeeded in retaining the services of Dr. Peter Theyer who has devoted many years to the search of Ni-Cu-PGE deposits. Two months of surface exploration activities proved the existence of extensive magmatic sulphides with good Ni-Cu-PGE potential in addition to the historic gold content of the area. This discovery justified further exploration and on October 25, 2006 the Company began a drill program in the vicinity of the historic Jeep mine. To date the program has successfully extended the known mineralization of the historic Jeep Gold Mine #1 vein system 350 metres southeast of the shaft area, encountering gold values as high as 109 g/t over a core length of .78 metres, as well as significant widths of combined disseminated, near solid and massive magmatogenic sulphides containing Ni-Cu-PGE at depth. Prior to the year end holiday shut down period the drill program completed a total of 7 holes, with drilling suspended on Hole 8 on December 21 due to the breakdown of the drill.

Also during the summer of 2006, development of a three dimensional mineralization model was produced in order to guide exploration of the former Jeep Gold mine. This model uses mine planning software that combines all geological and assay data generated throughout the project's exploration and mining history. [Samples of the 3D Model were recently posted on the website (under Projects, Maps)].

Staking - In the fall of 2006 and early winter 2007, Wildcat staked an additional 1966 hectares in 9 claims on the Jeep Property. The property now encompasses a total of 4,016 hectares on 26 contiguous claims, all ground being prospective for gold, nickel, copper, and Platinum Group Elements.
Eight kilometers north of the Jeep Mine, previous work in the area of Leaf Lake, published by Hulbert and Scoates (Digital Map and Database of Magmatic Ni-Cu +/- PGE Occurrences and Mafic-Ultramafic Bodies in Manitoba, 2001), report mineralization significant for nickel-copper+/-Platinum Group Element potential. Recent staking, that includes this showing, completed Wildcat’s acquisition of the eight kilometer northern extension of the Jeep Gabbro. The Jeep Gabbro is prospective for both gold and nickel-copper+/-Platinum Group Element mineralization.

Drilling - From the work conducted in the summer and fall of 2006, drill targets were generated for the Ni, Cu, PGE mineralization and the Au mineralization at the historic Jeep Gold Mine. An 8,000 meter drill program began on October 25, 2006. This was the first drill program by Wildcat on the Jeep property and the first drill program since the early 1970’s on the property.
The drill program was designed to test four main areas:
1. The initial phase of the diamond drill program was designed to outline and extend the strike and width of recently discovered PGE, Nickel, Copper and Gold mineralization associated with a magnetic anomaly and the proposed southeastern prolongation of the #1 vein system of the Jeep Gold Mine, 200 to 300 meters southeast of the Jeep Mine shaft.
2. Drilling also specifically targeted gold mineralization continuity at deeper levels and along strike of the former Jeep Gold mine.
3. An extensive MMI arsenic anomaly, assumed to be related to gold mineralization, was also targeted, 750 km southeast of the Jeep Mine shaft, along strike of the #1 vein system.
4. Other areas including a MMI palladium anomaly proximal to the recently discovered PGE, Ni, Cu mineralization; infill drilling between the Jeep Gold Mine and the PGE, Ni, Cu mineralization and infill drilling between the MMI arsenic anomaly and the PGE, Ni, Cu mineralization.

Results from the drilling: This first phase of the drill program was drilled to test the southeastern extension of the #1 gold-bearing quartz vein of the former Jeep Gold mine, and to test for Ni-Cu-PGE concentrations within the disseminated and massive sulphides surrounding this vein.
Significant assays were encountered from this initial phase of drilling and include highly anomalous gold intercepts from the #1 vein structure defining a new zone of gold mineralization along the structure.

A second focus of the drill program targeted a separate area of anomalous nickel, copper and platinum group elements values beneath a Ni-Cu-PGE outcrop discovery in 2005. Here there were mised results from drill holes with no significant values to one where a significant zone of Ni-Cu-PGE mineralization was intersected including 2.63 gpt palladium, 25 ppb platinum, 0.59% nickel, 0.19% cobalt, 0.31 gpt gold, 2.6 gpt silver and 0.23% copper over 0.3 meters from 214.87 to 215.17 meters.

2007 - Drilling of approximately 8,000 m in the Jeep area was completed in March 2007. It expanded the known length of the # 1 gold bearing quartz vein to 1.1 km. A significant palladium concentration of 2.4 g/t was intersected in DDH # 11 adjacent to the # 1 gold quartz vein. Based on the evidence garnered from outcrops and drill core showing a) high palladium concentrations in the Jeep are occurring exclusively in shear zones, b) multiple episodes of mineral remobilization in the Jeep area, c) low nickel, copper and palladium concentrations in the sulphides surrounding the Jeep mineralization and d) a demonstrated ready and high degree of mobility of nickel copper and palladium, Wildcat shifted its exploration emphasis for nickel copper and palladium in the Jeep area from testing the sulphide rich gabbro to testing shear zones as potential conduits of mineralizing fluids. Preliminary evidence garnered from older geophysical surveys done in the vicinity of the Jeep Mine appear to show the existence of conjugate shears oriented obliquely to the dominant 110o striking rock fabric. It is suggested that the intersection of these two obliquely striking shears could be the locus of enhanced mineralization. In 2008, Wildcat intends to perform an airborne multifrequency EM and Mag survey over most of its Jeep holdings. In addition, Wildcat intends to perform ground geophysical surveys in immediate vicinity of the area of the Jeep mineralization oriented in two different directions oblique to each other, to investigate the proposed obliquely oriented conjugate shears. Wildcat also intends to continue drilling targets in the vicinity of the Jeep gold area to determine the extent and value of the gold, nickel, copper and palladium mineralization of this prospect.

2008 - (April) - Wildcat is also pleased to announce new developments on its Jeep Project, an exploration project focused on gold and platinum group elements within the “Jeep Gabbro”, located approximately 14 km east of the town of Bissett. In March, Wildcat’s geophysical consultant reported on his integration of the recently flown airborne electromagnetic and magnetic survey covering the entire extent of the Jeep Gabbro with a detailed IP survey of the Jeep Gabbro in the vicinity and southeast of the Jeep Gold Mine shaft. This report highlights several locations in the Jeep Gabbro that have potential to contain significant sulphide traps.
Initial results from drilling in March and April (see Wildcat news release dated March 20, 2008) support the validity of the model guiding the current exploration campaign, namely that the original (magmatogenic) mineralization within the Gabbro (gold, nickel, copper and platinum group elements) may have largely been remobilized and channeled into shear zones. Shear zones are well known to perform as porous conduits of mineralizing fluids and occasionally as repositories of economic mineralization. The odds of encountering economic mineralization in shears are heightened at the intersection of shear zones. Probable corroboration of the Company’s exploration model was encountered in drill hole JP-08-03 that targeted a prominent IP and magnetic anomaly. This hole intersected two separate discrete sheared intervals separated by approximately 170 m core length, both containing abundant quartz and sulphides. The first sheared interval (approximately 4 m core length) located near 120 m drill depth occurred in gabbro and features quartz veins and crushed quartz rubble mineralized with pyrite, pyrrhotite and chalcopyrite. The second sheared interval of approximately 15 m core length contains decimetre-thick quartz veins sparsely mineralized with sulphides. This shear zone is of particular interest, because it occurs at the contact of ferrogabbro (highly magnetic) and quartz feldspar porphyry (weakly magnetic) making this juncture geophysically and geologically easy to recognize and target. The current phase of drilling at the Jeep Project, consisting of 9 holes for 2685 metres is complete. Assays are pending.
Further - In March 2008, an induced polarity (“IP”) survey of the southern portion of the Company’s 100% owned Jeep property detected prominent anomalies tracking up to the southern boundary of the property. These results, together with the gold and platinum group elements (“PGE”) values encountered during the 2007 drill program, indicate that mineralization may extend to the south east beyond the Company’s current boundary.
On the basis of the IP survey results, Wildcat negotiated a letter of intent with Harvest Gold Corp. to acquire a 25% interest in two mineral claims covering 405 hectares immediately south of the Jeep project. The subject claims are part of a larger claim group in which Harvest Gold is earning a 50% interest from a private individual. Wildcat will earn its interest in the subject claims by completing line cutting and an IP survey at its cost and by funding 50% of the first $250,000 of drilling on the optioned claims.

Summer 2008 - On the Jeep property the Company began surface exploration activities, consisting of geological mapping and sampling, during June in the southeast quadrant of the project area. The work included those areas now covered by the recent joint venture agreement with Harvest Gold Inc. This survey aimed to identify and sample mineralized shears in the eastern edge of the Jeep Gabbro. Sampling of a mineralized shear exposed near the southeast boundary of Wildcat’s Jeep property returned encouraging concentrations of Au, Ni Cu Pt and Pd. The prolongation of this mineralized shear, projected in an easterly direction for a distance of approximately 120 metres, leads to the vicinity of drill holes JP-08-04 and JP-08-05 that intersected anomalous concentrations of Au, Ni Cu Pt and Pd (see News Release; June 11, 2008).

Wildcat plans to evaluate the mineral potential of the shear identified in the summer program. To do so, the Company intends to commission detailed ground geophysical surveys over the JV property, followed by drilling of at least 3 holes. These activities will be restricted to winter months because most of the prospective ground is covered by water and swamps.